Feds ran second-highest deficit ever in 2021: CBO

Uncle Sam ended fiscal 2021 deep in the red, the Congressional Budget Office said Friday, calculating the government ran a $2.8 trillion deficit, the second-worst on record.

The COVID-19 pandemic has pried open the government’s wallet unlike anything since World War II, pushing spending even higher in 2021 than it …

Source: washingtontimes.com

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